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LL Flooring Holdings (LL Flooring Holdings) Cyclically Adjusted PB Ratio : 0.16 (As of Apr. 30, 2024)


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What is LL Flooring Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-30), LL Flooring Holdings's current share price is $1.59. LL Flooring Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.76. LL Flooring Holdings's Cyclically Adjusted PB Ratio for today is 0.16.

The historical rank and industry rank for LL Flooring Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

LL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.8   Max: 4.97
Current: 0.16

During the past years, LL Flooring Holdings's highest Cyclically Adjusted PB Ratio was 4.97. The lowest was 0.15. And the median was 1.80.

LL's Cyclically Adjusted PB Ratio is ranked better than
93.05% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs LL: 0.16

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

LL Flooring Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $5.453. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $9.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LL Flooring Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LL Flooring Holdings's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LL Flooring Holdings Cyclically Adjusted PB Ratio Chart

LL Flooring Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 3.43 1.78 0.56 0.40

LL Flooring Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.37 0.38 0.32 0.40

Competitive Comparison of LL Flooring Holdings's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, LL Flooring Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LL Flooring Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, LL Flooring Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where LL Flooring Holdings's Cyclically Adjusted PB Ratio falls into.



LL Flooring Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

LL Flooring Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.59/9.76
=0.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

LL Flooring Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, LL Flooring Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.453/129.4194*129.4194
=5.453

Current CPI (Dec. 2023) = 129.4194.

LL Flooring Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 11.356 99.695 14.742
201406 11.374 100.560 14.638
201409 11.576 100.428 14.918
201412 12.267 99.070 16.025
201503 12.009 99.621 15.601
201506 11.233 100.684 14.439
201509 10.928 100.392 14.088
201512 10.247 99.792 13.289
201603 9.101 100.470 11.723
201606 8.692 101.688 11.062
201609 8.025 101.861 10.196
201612 8.174 101.863 10.385
201703 7.262 102.862 9.137
201706 7.455 103.349 9.336
201709 6.802 104.136 8.454
201712 6.944 104.011 8.640
201803 6.879 105.290 8.456
201806 6.864 106.317 8.356
201809 7.111 106.507 8.641
201812 5.149 105.998 6.287
201903 4.997 107.251 6.030
201906 4.927 108.070 5.900
201909 4.999 108.329 5.972
201912 5.616 108.420 6.704
202003 6.016 108.902 7.149
202006 6.133 108.767 7.297
202009 6.719 109.815 7.918
202012 7.873 109.897 9.272
202103 8.204 111.754 9.501
202106 8.639 114.631 9.753
202109 8.969 115.734 10.030
202112 9.347 117.630 10.284
202203 9.460 121.301 10.093
202206 9.528 125.017 9.864
202209 9.422 125.227 9.737
202212 8.924 125.222 9.223
202303 8.553 127.348 8.692
202306 7.234 128.729 7.273
202309 6.028 129.860 6.008
202312 5.453 129.419 5.453

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


LL Flooring Holdings  (NYSE:LL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


LL Flooring Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of LL Flooring Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


LL Flooring Holdings (LL Flooring Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4901 Bakers Mill Lane, Richmond, VA, USA, 23230
LL Flooring Holdings Inc is a specialty retailer of hardwood flooring in North America. The firm primarily operates across the U.S. and Ontario, Canada, through its retail store operations segment. Its products include foreign and domestic hardwood species, engineered hardwood, laminate, resilient-vinyl, bamboo, and cork flooring. The company derives most of its revenue from laminate, vinyl, engineered vinyl plank, and porcelain tile, followed by Solid and Engineered Hardwood. The firm also offers a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools. It primarily targets do-it-yourself (DIY), do-it-for-me (DIFM), and commercial customers. Bellawood is a core brand of the company.
Executives
Robert L Madore officer: EVP and CFO C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
F Terrence Blanchard officer: Interim CFO C/O LAWSON PRODUCTS, INC., 1666 EAST TOUHY AVENUE, DES PLAINES IL 60018
Kristian B Lesher officer: SVP and CTO 4901 BAKERS MILL LANE, RICHMOND VA 23230
Chasity D Grosh other: Chief Accounting Officer 4901 BAKERS MILL LANE, RICHMOND VA 23230
Michael E Dauberman officer: EVP, CGO 4901 BAKERS MILL LANE, RICHMOND VA 23230
Clark Douglas S Jr officer: SVP Merch & Supply Chain 4901 BAKERS MILL LANE, RICHMOND VA 23230
Douglas T Moore director 9950 MAYLAND DR, RICHMOND VA 23233
Joseph M Nowicki director C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Charles E Tyson director, officer: President & CEO LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Ashish Parmar director 4901 BAKERS MILL LANE, RICHMOND VA 23230
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Famous P Rhodes director 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Jimmie L Wade director C/O ADVANCE AUTO PARTS, 5673 AIRPORT RD, ROANOKE VA 24012
Matt T Argano officer: Chief Human Resources Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Terri F Graham director C/O JACK IN THE BOX INC, 9330 BALVOA AVE, SAN DIEGO CA 92123